An individual business is one that is run by one person. This type of business is most prevalent among small-sized businesses. Certain states require that individuals register as an occupancy permit or business permit with the resource state and obtain an Employer Identification Number for those who plan to hire employees or to sell tax-deductible products or services. This article will provide details regarding the legal, tax, and financial factors to consider when operating as a private business.

If you’re a business proprietor, this article is a must-read. This Harvard Business Review article identifies four traits that make the best business leaders. It’ll leave you pondering your personal leadership style. In the same way, this Huffington Post piece is sure to resonate with all small business owner who deals directly with customers. It identifies unacceptable behaviors that cause people to leave your business, as well ways to address them.